Rhodes University NSFAS Bank Account Registration for Allowance

The NSFAS Eligibility Criteria and conditions for financial aid for the 2023 academic year paragraph 5.2.1 stipulate that allowances for students will be paid directly into the student’s NSFAS-approved bank account.

Kindly note that NSFAS is implementing the Direct NSFAS Payment and will be disbursing allowance for NSFAS-qualifying students thus NSFAS has encouraged all NSFAS beneficiaries at Rhodes University to register for an NSFAS bank account to access their allowances. Also Read: KZN Work Integrated Learning Programme In Service Training 2023/2024 Opportunities

How to Register for NSFAS Bank Account as a Rhodes University NSFAS beneficiary

As part of the digital transformation at NSFAS, all NSFAS beneficiaries at universities and TVET colleges will start receiving their allowances and transacting through the NSFAS bank card.

As of June 2023, university students funded by NSFAS started receiving their allowances via the #NSFASBankAccount, enabling them to receive their monies directly from NSFAS.

Direct payment onboarding For University students

NSFAS Rhodes University can apply for a bank account via https://nsfas.coinvest.africa/

Or visit https://www.nsfas.org.za/content/mastercard.html